JUNE 4, NOYAN TAPAN. High macroeconomic indices of Armenia satisfy the European
Union. As EU representatives said during the fourth meeting of the EU-Armenia
Cooperation Committee on June 4, it instills them with hope that these indices
will get further stabilized. At the same time, they stressed the topicality
of improvement in the country's investment and business environment, establishment
of rule of law, decisive struggle against corruption. The meeting participants
stressed the importance of Armenia's fulfilling its obligations stipulated
in the Partnership and Cooperation Agreement during the transition period.
The European Union is going to help Armenia in implementing the poverty reduction
program, in developing the IT sphere. In particular, the meeting discussed
issues of the recent macroeconomic processes in the EU and Armenia, correspondences
of economic showings, cooperation and relief programs. Special attention was
paid to the collection of illegal tax pre-payments, the nuclear station's
problem and reforming of the energy sphere, as well as the Karabakh problem
and the analysis of the 2003 elections in Armenia.